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Browsing Category
Mining
Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B
According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have also taken…
Bitdeer’s Bitcoin Mining Chip Achieves 9.7 J/TH Efficiency, A3 Mass Production Slated for Late 2025…
Bitdeer Technologies Group announced its SEAL03 wafer achieved a record 9.7 joules per terahash (J/TH) efficiency during testing, while confirming plans to begin mass-producing its Sealminer A3 mining…
How Bitdeer Is Transforming Bitcoin Mining Machines
Application-specific integrated circuit (ASIC) chips form the backbone of the bitcoin (BTC) mining industry. ASIC machines are made for a single purpose: To solve Bitcoin’s SHA-256 algorithm as fast…
Bitcoin Miner Bitdeer Increases BTC Holdings by 75% to 1,039 BTC in Two Months
Bitdeer Technologies (BTDR) boosted its bitcoin (BTC) holdings by almost 75% in two months by redirecting some of its mining rigs to self production after customers asked to delay payments for the…
Bitcoin Miners Under Pressure: Selling Spikes as BTC Drops to $77.7K
The Bitcoin price drop to $77.7K causes Bitcoin miners to experience escalating financial challenges, which triggers a substantial increase in their transfers to crypto exchanges. The selling…
Bitcoin Mining Costs Expose Deep Divides as Price Trades Below $82K
As bitcoin trades at $81,626—just shy of the $82,000 mark—disparities in mining costs among leading public firms expose striking operational differences, with some companies extracting bitcoin at a…
Bitcoin miner CleanSpark to join the S&P SmallCap 600 index
Nasdaq-listed Bitcoin mining firm CleanSpark has announced its upcoming inclusion in the S&P SmallCap 600 index. CleanSpark, one of the largest Bitcoin (BTC) mining companies in the world,…
Bitdeer completes testing of the SEAL03 chip for Bitcoin mining: extraordinary energy efficiency
Bitdeer Technologies Group (NASDAQ: BTDR) has announced the success of tests on its new chip for Bitcoin mining, SEAL03. The prototype achieved an energy efficiency of 9.7 J/TH, operating in low…
HIVE Digital shares rise as Bitcoin reserves grow 23% YoY
Shares of HIVE Digital jumped following the company’s announcement of a 23% year-over-year rise in Bitcoin reserves. Canadian crypto mining company HIVE Digital has released its February production…
Iran confirms seizure of 240,000 mining rigs in three years
Iranian authorities have confirmed the seizure of about 240,000 cryptocurrency mining rigs over the last three years. The confirmation was made by the state electricity company Tavanir on Sunday, as…